Tanzania Ordered to Pay $109 Million Compensation for Expropriation of Nickel Mine Project
The International Centre for Settlement of Investment Disputes (ICSID) has reportedly ordered the Tanzanian government to pay more than $109 million in compensation to a group of companies, fronted by Australian miner Indiana Resources Ltd, for the controversial 2018 expropriation of a nickel mine project. According to The East African, an ICSID ad hoc tribunal…